Optimal real-time pricing under load uncertainty based on utility maximization for smart grid

  • Poramate Tarasak
  • Published 2011 in
    2011 IEEE International Conference on Smart Grid…

Abstract

Implementation of real-time communication systems enables real-time pricing for smart grid operation. Recently, [1] proposed a utility framework and a distributed algorithm for real-time pricing. We extend this work to include the effect from load uncertainty. We derive the optimal prices under different types of load uncertainty and show how it influences… (More)
DOI: 10.1109/SmartGridComm.2011.6102341

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@article{Tarasak2011OptimalRP, title={Optimal real-time pricing under load uncertainty based on utility maximization for smart grid}, author={Poramate Tarasak}, journal={2011 IEEE International Conference on Smart Grid Communications (SmartGridComm)}, year={2011}, pages={321-326} }